Question: Why I can't select leverage more than 1:50 when opening accounts? How can I increase this "Starter Leverage"?
Since the main financial regulatory authority, CySEC has announced the new regulation, all traders are now allowed to open new trading accounts with only up to 1:50 leverage or lower.
This condition applies to all CySEC brokers, but some brokers may have exceptions and limit maximum trading volume, instead of limiting the leverage.
The “Starter Leverage 1:50” will be applied to all new accounts though, you can get rid of the restriction by passing the “Appropriate Test” provided by the broker.
The conditions of leverage maybe different by each Forex broker.
Please contact your broker for more precise information.
For the list of MT4 and MT5 brokers, please visit the page below.